Five-Star Business Finance Limited has informed the Exchange regarding Outcome of Board Meeting held on March 17, 2026.
FIVESTAR · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
The Board of Directors of Five-Star Business Finance, held on March 17, 2026, approved a limit for issuing Non-Convertible Debentures (NCDs) aggregating up to INR 5,000 Crores. The NCDs will be issued through private placement, in one or more tranches and series, from time to time. The company has not yet disclosed the coupon rate, tenure, or security details — these will be revealed at the time of each allotment. The NCDs are proposed to be listed on stock exchanges, though the designated exchange has not been finalized. The company has no history of default on interest or principal payments.
The INR 5,000 Crore NCD raise will strengthen Five-Star Business Finance's lending capacity and funding base. Since coupon rates and terms are yet to be disclosed, investors should watch for future allotment announcements to gauge the cost of borrowing and any potential dilution concerns.